Oaktree homeowner eviction – Joann Rodriguez
Last week, two Baltimore homeowners who have spoken out against Oaktree Capital’s mortgage practices received notices of eviction.
Joann is scheduled to be evicted from her home on March 28th.
My name is Joann Rodriguez. On October 21, 2008 I entered into a mortgage loan agreement with Bank of America N.A. for the property at 2418 Edmondson Ave, Baltimore Maryland in the amount of $126,812 at an interest rate of 7.5%.
One month later I received notification from Countrywide Mortgage lender that they were now the holders of this mortgage agreement.
My partner, who was not listed on loan agreement but had help me to pay the monthly mortgage, died on April 10, 2010.
On November 13, 2010, I suffered a health crisis due to my diagnosis of reoccurring Multiple Sclerosis. In February of following year, I was terminated from my position at AARP.
I applied for SSI and after two years I was awarded $1,594.90. While waiting for SSI I ran through all of my savings trying to stay current. Subsequently, my mortgage payment lapsed.
I attempted to contact Countrywide to arrange a loan modification and learned that the mortgage was now held by Selene Finance, the mortgage servicer for Oaktree.
I attempted to negotiate with Oaktree’s servicer without success. They requested the full balance of the mortgage or they would foreclose. Since that time I have not been in contact with them. Several Representatives have asked to come in to photograph my residence. I have refused consent but allowed them to photograph the exterior.
Now that I am on a fixed income with no assistance, I can no longer meet the financial obligations of the contract. I am awaiting the foreclosure notification without knowing what the future will be. I still reside in my home and have made every effort to maintain it. All I want is a modification that will allow me to repay my debt and stay in my home.